The Institute is located in the most exciting and prestigious academic ambience of College Square where the University of Calcutta, Presidency College, Calcutta Medical College and the All India Institute of Hygiene and Public Health are also located.
The Institute building has two blocks. The foundation stone of one was laid by Pandit Jawaharlal Nehru, the first Prime Minister of India and the other by Dr. B. C. Roy, the famous Chief Minister of West Bengal.
The faculty of the Institute has taken up a number of consultancy work particularly to develop industry-institute interaction. The areas of consultancy involve organisational developments, project formulation and socio-economic programmes.
'Paradigm' happens to be the name of the Indian Institute of Social Welfare and Business Management (IISWBM) reunion.